CryptoGuru12
--
$SOL /USDT – BEARISH REVERSAL SETUP
SOL has reached a strong resistance zone near $188–$190, showing rejection wicks and slowing momentum. A breakdown from this level could trigger a retracement toward the $176–$174 support area. Sellers are looking to capitalize on this overextended move.
Trade Setup
Entry Zone: $186 – $188
Take Profit 1: $180
Take Profit 2: $176
Stop Loss: $192
Market Outlook
Volume is fading at resistance while price forms a potential lower high on the intraday chart. If $186 fails to hold, expect bearish momentum to accelerate toward the $176 zone.
#SOL #CryptoTrading #BearishSetup #Binance #PriceAction
SOL has reached a strong resistance zone near $188–$190, showing rejection wicks and slowing momentum. A breakdown from this level could trigger a retracement toward the $176–$174 support area. Sellers are looking to capitalize on this overextended move.
Trade Setup
Entry Zone: $186 – $188
Take Profit 1: $180
Take Profit 2: $176
Stop Loss: $192
Market Outlook
Volume is fading at resistance while price forms a potential lower high on the intraday chart. If $186 fails to hold, expect bearish momentum to accelerate toward the $176 zone.
#SOL #CryptoTrading #BearishSetup #Binance #PriceAction
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.